BUSINESS

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The Walt Disney Company revealed Monday its timeline for naming CEO Bob Iger's successor, pushing the anticipated announcement to early 2026 – later than the company's initial 2025 target. The media giant simultaneously announced that James Gorman, former Morgan Stanley CEO, will assume the role of board chairman in January.
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Volkswagen, Europe's largest automaker, is facing a reckoning in its home market of Germany. In a move that marks a historic shift for the company, Volkswagen has announced plans to shut down at least three factories in Germany and lay off tens of thousands of workers as part of a major cost-cutting and restructuring effort.
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Meta has dismissed approximately 24 employees from its Los Angeles office for misappropriating meal credits intended for workplace dining. The technology giant, valued at £1.2 trillion, took action following an internal investigation that revealed systematic abuse of its daily meal allowance program.
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  1. BOEING SEEKS $10 BILLION IN NEW SHARES AMID CASH STRAIN AND ONGOING STRIKE
  2. EVS AIM TO REVIVE SALES AT PARIS MOTOR SHOW
  3. EU INVESTIGATES TEMU OVER POTENTIAL ILLEGAL PRODUCT SALES
  4. JPMORGAN AND WELLS FARGO BEAT PROFIT ESTIMATES: INVESTMENT BANKING GAINS AND SHRINKING PROVISIONS DRIVE SHARES HIGHER
  5. BOEING WITHDRAWS 30% PAY OFFER AS STRIKE IMPASSE EXTENDS INTO FOURTH WEEK DEEPENING FINANCIAL STRAIN
  6. 7-ELEVEN OWNER CONFIRMS TAKEOVER FROM COUCHE-TARD
  7. BOEING MAINTAINS DELIVERIES AMIDST STRIKE
  8. ROLLS-ROYCE UNVEILS EXCLUSIVE PRIVATE OFFICE IN NYC FOR ULTRA WEALTHY CLIENTS
  9. TESLA RECALLS 27,000 CYBER TRUCKS OVER REAR VIEW CAMERA MALFUNCTION
  10. X'S VALUE NOSEDIVES: FIDELITY REPORTS 80% DROP POST-MUSK ACQUISITION
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